42 comments:

But on a serious note (boom boom), countries need a currency that fits their economic profile which is why the Euro, tied to Germany, is no good for us. If they do float off, a flexible currency (plastic notes) is what any country needs.

All of you except Mark Fogg are far too optimistic. Scotland's currency will be the euro. It is after all the EU's 'legal' requirement that all new joiners must join the euro. As a newly independent country joining the EU Scotland will be caught in this net.

CU, I was not implying that countries join the euro the instant they join the EU. Nevertheless it is a treaty requirement that EU members adopt the euro after fulfilling various criteria.

"All Member States of the European Union, except Denmark and the United Kingdom, are required to adopt the euro and join the euro area. To do this they must meet certain conditions known as 'convergence criteria'." [http://ec.europa.eu/economy_finance/euro/adoption/who_can_join/ ]